Hershey to Revamp Supply Chain,
Cut 1,500 Jobs Over Three Years

Hershey Co. unveiled a three-year plan to change its supply-chain operations on Thursday, saying it expects a total net reduction of about 1,500 jobs.

The move, which represents an 11% reduction in its total work force of 14,000, follows Hershey's lackluster earnings report last month as it aims to revitalize its core brands amid a competitive candy and confectionary marketplace.